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STAR To Export Natural Juices Of Private Label To Georgia

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  • STAR To Export Natural Juices Of Private Label To Georgia

    STAR TO EXPORT NATURAL JUICES OF PRIVATE LABEL TO GEORGIA

    ArmInfo
    2009-03-18 00:36:00

    ArmInfo. The biggest retail network of Armenia, STAR, intends to
    export the juices of private label to Georgia, STAR Executive Director
    Vahan Kerobyan said on March 17. According to him, the export volumes
    are still unknown, however, the parties will come to an agreement
    at late of March. "We did not schedule to export the private-label
    goods, however, a great interest attracted us", he emphasized. V,
    Kerobyan also said the STAR juices presently take the 4th-5th places
    among other juice brands presented in the local market. "The volume
    of the Armenian juice market is evaluated at 20 mln liters with the
    assumption that the volume of sales of STAR juices in 2008 made up
    about 1 mln liters", he said.

    Along with it, V. Kerobyan said, 42 kinds of goods is produced under
    STAR brand, with 3%- share of the company proceeds, however, it is
    scheduled to bring this indicator up to 10% till late, 2009. "The
    value of these products is lower by 15- 20% than the prices for the
    similar products of other producers, moreover, their quality is high
    enough", he said.

    At present, STAR network, which has been functioning since 1998,
    numbers 13 supermarkets (12- in Yerevan and 1 - in Hrazdan).
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